04/27/2024
BTC63,006.0
ETH3,117.02
USDT0.999821
BNB594.2
SOL136.41
USDC1.0
XRP0.517313
DOGE0.145062
BUSD0.99731

NEM (XEM) Price

XEM
4,4
$0.03705919
Market cap
332,861,839.0
Total volume
5,796,727
Circulating supply
8,999,999,999
Total supply
8,999,999,999
Launched in March 2015, NEM stood out as a trailblazer within the blockchain realm. Its mission was to enhance the blockchain technology of the era by addressing the drawbacks observed in existing systems. It distinguished itself as one of the early blockchains to introduce innovations such as user-generated tokens (referred to as mosaics), namespaces, accounts with multisignature capabilities, and a peer-to-peer reputation mechanism powered by EigenTrust++. Among its groundbreaking features was the PoI (Proof of Importance) consensus protocol, designed to incentivize active participation on the network while preventing the wealth centralization often seen in proof-of-stake systems. The NEM client, known as NIS, is developed in Java. As of today, NEM continues to be a vibrant and frequently traded digital currency. The current focus of its development is on the integration with Symbol, another blockchain project, indicating a forward-moving direction for the platform.

How useful is this article for you?
Thank you for your review!

Converters XEM

Explore more

Chainlink (LINK)
$14.12
-0.49%
Buy
Ethereum (ETH)
$3,117.02
-0.2%
Buy
Lido Staked Ether (STETH)
$3,113.14
-0.59%
Buy
Litecoin (LTC)
$86.14
-2.03%
Buy
Polkadot (DOT)
$6.73
-1.59%
Buy
Polygon (MATIC)
$0.695082
-0.62%
Buy
Shiba Inu (SHIB)
$0.00002475
-1.66%
Buy
Solana (SOL)
$136.41
-4.4%
Buy
USD Coin (USDC)
$1.0
-0.07%
Buy
Wrapped Bitcoin (WBTC)
$62,956.0
-0.17%
Buy

News

The Notcoin Team Shared a New Listing Date

HowTo

How to Transfer USDT To a Telegram Wallet
How to Take Part in TON/USDt Liquidity Pool?